8,606 Shares in Unum Group $UNM Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new position in shares of Unum Group (NYSE:UNM) during the second quarter, HoldingsChannel.com reports. The firm bought 8,606 shares of the financial services provider’s stock, valued at approximately $769,000.

Several other large investors also recently bought and sold shares of UNM. Laurel Wealth Advisors LLC purchased a new position in shares of Unum Group in the fourth quarter valued at $25,000. SHP Wealth Management acquired a new position in shares of Unum Group during the 4th quarter worth $25,000. MBM Wealth Consultants LLC purchased a new stake in shares of Unum Group in the 1st quarter worth about $29,000. Triumph Capital Management purchased a new stake in shares of Unum Group in the 3rd quarter worth about $31,000. Finally, Ancora Advisors LLC grew its stake in Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 339 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Stock Up 1.9%

UNM opened at $89.45 on Tuesday. The firm has a market cap of $14.16 billion, a P/E ratio of 20.85, a PEG ratio of 0.93 and a beta of 0.26. The business’s fifty day simple moving average is $89.34 and its 200 day simple moving average is $81.82. Unum Group has a 52 week low of $68.70 and a 52 week high of $94.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, meeting the consensus estimate of $2.16. The firm had revenue of $3.39 billion during the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.92 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. As a group, equities research analysts anticipate that Unum Group will post 8.65 EPS for the current fiscal year.

Unum Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 24th were issued a dividend of $0.505 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.3%. This is a boost from Unum Group’s previous quarterly dividend of $0.46. The ex-dividend date was Friday, July 24th. Unum Group’s payout ratio is presently 47.09%.

Analyst Upgrades and Downgrades

UNM has been the subject of several recent research reports. Barclays raised their target price on shares of Unum Group from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Keefe, Bruyette & Woods reduced their price target on shares of Unum Group from $110.00 to $108.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Evercore reiterated an “outperform” rating and issued a $106.00 price target on shares of Unum Group in a research report on Tuesday, July 7th. Wolfe Research dropped their price objective on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Finally, Jefferies Financial Group lifted their price objective on Unum Group from $117.00 to $123.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $99.42.

Unum Group Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.